Breaking the Virtual Real Estate Monopoly

Published: 25 April 1999 y., Sunday
Since 1993, Network Solutions has been the only company in the world that could register web domains ending in .com, .net, and .org, and it charged its customers handsomely for them. But starting April 26 it will have five new competitors. They stand to make millions, but more importantly, the change means that for the first time ever, ordinary web users will have a shot at paying a fair price for their own corner of cyberspace. The companies that have been selected are both big and small, nonprofit and for-profit: Register.com, the Internet Council of Registrars, France Telecom, Australia_s Melbourne IT, and the mega-giant Internet service provider America Online.They will be registering domains on a 60-day trial basis, after which time, if all goes well, the arrangement will become permanent. The choices were made on the basis of technical competence, business savvy and geographical distribution by the Internet Corporation for Assigned Names and Numbers (ICANN), the international nonprofit group in charge of making sure the Internet_s infrastructure is managed in a fair and sensible fashion. The major challenge facing the new registrars will be technical: They will be sharing a database of more than four million domain names. The biggest news may not be the naming of five new registrars, but that if the test period is successful, ICANN will throw the market open to no fewer than 29 more registrars, among them AT&T.
Šaltinis: Internet
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

Japan Plans to Enhance GPS System

Around the world, governments, soldiers and civilians have come to rely on the Global Positioning System for all sorts of navigational uses more »

Microsoft Reveals Greenwich Pricing

Microsoft Monday unveiled the pricing of its forthcoming Live Communications Server more »

The policy shift

Merrill Lynch on Friday will ban access to outside e-mail services from popular sites such as America Online, Yahoo and MSN more »

EU Offers Microsoft Last Chance

The European Union Wednesday said it will give Microsoft one final opportunity to comment before it wraps up the antitrust probe it launched against the software titan nearly four years ago more »

Terrorist Futures Site Sinks Poindexter

Dr. John M. Poindexter, director of the Dept. of Defense's Information Awareness Office (IAO), is expected to resign within the next few weeks according to senior Pentagon officials more »

Pentagon Folds Hand in Online Terrorism Futures Scheme

The Pentagon has agreed to stop a new program of the Defense Advanced Research Projects Agency (DARPA) to predict terrorist events through the online selling of "futures" in terrorist attacks more »

Credit card hackers swap tricks online

Chatrooms used for sharing hints and tips in growing business of ID theft more »

Spam fighters need better tech

A new approach to fighting spam includes the use of better technology to tackle the problem, according to a panel of government officials more »

RADAR for productivity in the workplace

DARPA to invest in digital butlers more »

Microsoft pitches voice spec

SALT support trumps Voice XML as Speech Server sounds return of enterprise voice more »